Novavax (NVAX) Inventory Average (2022 - 2026)

Novavax's (NVAX) quarterly Inventory Average came in at $11.5 million in Q1 2026, up 20.99% year-on-year from $9.5 million in Q1 2025, and down 8.19% quarter-over-quarter from $12.5 million in Q4 2025.

Novavax (NVAX) Inventory Average (2022 - 2026) Analysis & Trends

Novavax's Inventory Average history runs 5 years deep, the most recent figure standing at $11.5 million for Q1 2026.

  • On a quarterly basis, Inventory Average rose 20.99% year-over-year to $11.5 million in Q1 2026; TTM through Mar 2026 was $11.5 million, a 20.99% increase from a year earlier, with the FY2025 full-year figure at $10.1 million, down 59.77% from the prior year.
  • Inventory Average slipped to $11.5 million in Q1 2026 per NVAX's latest filing, from $12.5 million in the prior quarter.
  • Across five years, Inventory Average topped out at $181.5 million in Q2 2022 and bottomed at $8.7 million in Q4 2024.
  • The 5-year median for Inventory Average is $28.7 million (2024), against an average of $44.1 million.
  • Across the five-year window, Inventory Average sank 84.38% in 2024 and surged 44.11% in 2025, its largest moves.
  • Year by year, Inventory Average stood at $59.6 million in 2022, then declined by 6.57% to $55.6 million in 2023, then sank by 84.38% to $8.7 million in 2024, then jumped by 44.11% to $12.5 million in 2025, then fell by 8.19% to $11.5 million in 2026.
  • Per Business Quant, the three latest NVAX Inventory Average figures stand at $11.5 million (Q1 2026), $12.5 million (Q4 2025), and $11.9 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 644.91 Mn
4 NuCana 279.75 Bn 279.75 Bn - -
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.73 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 3.15 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn -
9 Revolution Medicines 37.78 Bn 37.78 Bn - -
10 Novavax 788.01 Mn -2.33 Mn 108.82 Mn 11.50 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 11.50 Mn
Dec 31, 2025 12.53 Mn
Sep 30, 2025 11.88 Mn
Jun 30, 2025 10.25 Mn
Mar 31, 2025 9.51 Mn
Dec 31, 2024 8.69 Mn
Sep 30, 2024 8.91 Mn
Jun 30, 2024 12.48 Mn
Mar 31, 2024 28.74 Mn
Dec 31, 2023 55.64 Mn
Sep 30, 2023 46.54 Mn
Jun 30, 2023 28.84 Mn
Mar 31, 2023 35.43 Mn
Dec 31, 2022 59.56 Mn
Sep 30, 2022 169.37 Mn
Jun 30, 2022 181.47 Mn
Mar 31, 2022 57.76 Mn